Bank Of Baroda Innanje Udupi Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Innanje Udupi Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Innanje Dist Udipi
Contact 0820-2559056
Bank Details Bank Of Baroda Innanje Dist Udipi BARB0INNANJ
Location Innanje, Udupi
City Innanje
District Udupi
State Karnataka
Pincode 574115
Country IN
Address Post bag 1, salmara road, innanje, shankarpura post, pin 574 115
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 576012501 for Innanje Dist Udipi branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 576012501 of Baroda Bank, Innanje Dist Udipi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Innanje Dist Udipi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Innanje Dist Udipi

MICR code for Bank Of Baroda Innanje Dist Udipi

Bank Of Baroda MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baroda Bank MICR code for Innanje Dist Udipi is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 576012501 is the MICR code of BOB for Innanje Dist Udipi branch. MICR code for Innanje Dist Udipi branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Baroda Bank Innanje Dist Udipi is presented in the table alongside.

Use of Baroda Bank MICR code for Innanje Dist Udipi branch in innanje

The MICR code 576012501 is used in RBI cheque clearing process to identify the branch Innanje Dist Udipi and Baroda Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of BOB is typically in either of these two font’s: E-138 and CMC-7.

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